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Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin
11.8.2022
Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
13.7.2022
The troubled crypto lender Celsius has closed its last remaining loan from a DeFi protocol after previously paying off loans on Aave and Maker loan
How to Stake (Wrapped) Bitcoin: A Beginner’s Guide
9.7.2022
The Bitcoin (BTC) network uses a proof-of-work (PoW) consensus protocol to secure the network, which means network participants can earn mining rewards (if they choose to mine the digital currency), but they can’t earn staking rewards natively.
Fortunately, for BTC holders who would like to earn...
Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?
8.7.2022
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market
Inverse Finance exploited again for $1.2M in flashloan oracle attack
17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds
NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls
24.2.2022
NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month
Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion
28.12.2021
According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all...
Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence
5.11.2021
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during...
Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin
29.8.2021
ATOM price booked triple-digit gains after the network built out its DeFi ecosystem and works on cross-chain bridges for ETH and BTC
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
8.8.2021
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K...
One percent of Bitcoin’s supply has been locked in the WBTC protocol
8.6.2021
More than $6 billion worth of Bitcoin is now tokenized on Ethereum as WBTC
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
17.5.2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter...
Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
7.4.2021
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but the token called the Bitcoin BEP 2 (BTCB) has gathered some steam. Currently, there are 39,719 BTCB out...
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
17.1.2021
Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth?
Bitcoin briefly loses its spot as top cryptocurrency. Wait, what?
14.1.2021
Bitcoin's twin took over the number one spot on CoinMarketCap
Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
9.1.2021
BitGo “unwrapped” over 11,600 WBTC last month
BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain
6.1.2021
Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron
Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
21.12.2020
According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has...
Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi
3.12.2020
WBTC burns picked up in November, continuing into December
Stretched thin? Wrapped Bitcoin assets may encourage supply crisis
21.11.2020
WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon